Business

‘We stand with the people of Israel’: Adani

With a humanistic approach, the Indian billionaire Gautam Adani expresses his cordial support to the people of Israel.

On one hand Israel is at war, it is receiving support from across the world. Be it country-heads or business tycoons, good wishes and full support is being sent to Israel knowing that it is a war for peace.

The fight against terror is the need of the hour since it is desperately required for the peaceful existence of today’s world.

In a media statement, multi- billionaire Gautam Adani expressed his support on behalf of his biz-empire. Through his statement the global Indian tycoon says :  “At a time like this, our thoughts continue to be with the people of Israel. We are closely monitoring the action on ground which is concentrated in South Israel, whereas Haifa port is situated in the North. We have taken measures to ensure safety of our employees and all of them are safe. We remain fully alert and prepared with a business continuity plan that will enable us to respond effectively to any eventuality.”

Over the the overall contribution of Haifa in APSEZ’s numbers, the  Spokesperson, Adani Ports and SEZ Limited in the statement says: ”It is relatively small at 3% of the total cargo volume. For the current financial year (Apr 23-Mar 24), we have guided for Haifa Cargo volumes range of 10-12 MMT and APSEZ’s total cargo volume guidance of 370-390 MMT. In the initial six months (Apr-Sep 23), APSEZ’s total cargo volume was ~203 MMT, of which the Haifa share is ~6 MMT. We stay confident of APSEZs business performance.”

Parijat Tripathi

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